Jackson Creek Investment Advisors LLC Raises Position in GATX Co. (NYSE:GATX)

Jackson Creek Investment Advisors LLC grew its position in shares of GATX Co. (NYSE:GATX) by 5.0% during the fourth quarter, Holdings Channel reports. The fund owned 11,322 shares of the transportation company’s stock after purchasing an additional 536 shares during the period. Jackson Creek Investment Advisors LLC’s holdings in GATX were worth $1,754,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. UMB Bank n.a. boosted its position in shares of GATX by 91.8% during the fourth quarter. UMB Bank n.a. now owns 163 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 78 shares in the last quarter. Assetmark Inc. lifted its position in GATX by 60.4% during the fourth quarter. Assetmark Inc. now owns 178 shares of the transportation company’s stock valued at $28,000 after buying an additional 67 shares during the period. Versant Capital Management Inc boosted its holdings in shares of GATX by 184.6% during the 4th quarter. Versant Capital Management Inc now owns 259 shares of the transportation company’s stock valued at $40,000 after buying an additional 168 shares in the last quarter. Compagnie Lombard Odier SCmA purchased a new stake in shares of GATX in the 4th quarter worth about $46,000. Finally, Mather Group LLC. increased its stake in shares of GATX by 36.0% in the 4th quarter. Mather Group LLC. now owns 423 shares of the transportation company’s stock worth $66,000 after acquiring an additional 112 shares in the last quarter. Institutional investors own 93.14% of the company’s stock.

GATX Stock Performance

Shares of GATX stock opened at $156.64 on Friday. The stock has a market cap of $5.58 billion, a price-to-earnings ratio of 20.16 and a beta of 0.99. The company has a debt-to-equity ratio of 3.37, a current ratio of 2.77 and a quick ratio of 3.41. GATX Co. has a 1 year low of $122.00 and a 1 year high of $168.89. The firm’s 50-day moving average is $160.25 and its 200 day moving average is $150.32.

GATX (NYSE:GATX) last issued its earnings results on Thursday, January 23rd. The transportation company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.25. GATX had a net margin of 17.92% and a return on equity of 12.07%. During the same period in the prior year, the firm earned $1.74 EPS. Sell-side analysts anticipate that GATX Co. will post 8.5 EPS for the current fiscal year.

GATX Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be issued a $0.61 dividend. This is a positive change from GATX’s previous quarterly dividend of $0.58. The ex-dividend date is Friday, February 28th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.56%. GATX’s dividend payout ratio (DPR) is presently 31.40%.

Insider Transactions at GATX

In other news, SVP Jeffery R. Young sold 297 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $164.63, for a total transaction of $48,895.11. Following the completion of the transaction, the senior vice president now directly owns 7,362 shares of the company’s stock, valued at $1,212,006.06. The trade was a 3.88 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Robert Zmudka sold 4,800 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $163.83, for a total transaction of $786,384.00. Following the completion of the sale, the vice president now owns 7,493 shares in the company, valued at $1,227,578.19. This represents a 39.05 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on GATX. Sidoti lowered shares of GATX from a “buy” rating to a “neutral” rating and set a $158.00 price objective on the stock. in a research note on Wednesday, December 4th. The Goldman Sachs Group assumed coverage on GATX in a research report on Monday, November 18th. They issued a “buy” rating and a $185.00 price target on the stock.

GATX Profile

GATX Corporation, together its subsidiaries, operates as railcar leasing company in the United States, Canada, Mexico, Europe, and India. It operates through three segments: Rail North America, Rail International, and Portfolio Management. The company leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries.